The Goods and Service Tax (GST) came into effect in India on July 1, 2017. The GST tax regime is a comprehensive system that replaced the multiple tax rates that were earlier levied at every level of ...
Guarantees—personal, corporate, and bank—play a crucial role in financial transactions, but under GST they attract different tax treatments. A guarantee ...
From groceries and fertilisers to footwear, textiles, and even renewable energy, a broad basket of goods and services is set to become more affordable after the removal of these two slabs. The GST ...
The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) on ...
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From 5% To 18%: Why Popcorn Is Taxed Under 3 Different GST Slabs? New Tax Rule Sparks Outrage
New Delhi: The popcorn debate has flooded social media after Finance Minister Nirmala Sitharaman announced a GST hike on caramel popcorn to 18%. Interestingly, popcorn will now be taxed under three ...
Good news for GST registered taxpayers who wish to avail the GST Amnesty Scheme waiver of interest and penalty under section 128A announced in Budget 2024. GST SPL 02 form, using which a GST ...
The government is contemplating lowering the GST on cars and two-wheelers from 28% to 18%. The vehicle buyers could see lower prices this Diwali, as the Union government is considering reducing the ...
REEVs are electric vehicles supported by a small internal combustion engine to charge the battery when it is running low.
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